SAGA COMMUNICATIONS INC - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAGA COMMUNICATIONS INC (SGA)
CIK: 0000886136
Period of Report: 2016-12-19

Reporting Person: TOWERVIEW LLC (10% Owner)
Reporting Person: TISCH DANIEL R (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-19	Class A Common Stock	S	1000	$50.55	Disposed	1260000	Direct
2016-12-19	Class A Common Stock	S	1000	$50.6	Disposed	1259000	Direct
2016-12-19	Class A Common Stock	S	1000	$50.65	Disposed	1258000	Direct
2016-12-19	Class A Common Stock	S	1000	$50.7	Disposed	1257000	Direct
2016-12-19	Class A Common Stock	S	1000	$50.75	Disposed	1256000	Direct
2016-12-19	Class A Common Stock	S	451	$50.8	Disposed	1255549	Direct
2016-12-20	Class A Common Stock	S	1480	$50.8	Disposed	1254069	Direct
2016-12-20	Class A Common Stock	S	6800	$50.85	Disposed	1247269	Direct
2016-12-20	Class A Common Stock	S	1500	$50.9	Disposed	1245769	Direct
2016-12-20	Class A Common Stock	S	500	$50.925	Disposed	1245269	Direct
2016-12-20	Class A Common Stock	S	2077	$50.95	Disposed	1243192	Direct
2016-12-20	Class A Common Stock	S	300	$50.975	Disposed	1242892	Direct
2016-12-20	Class A Common Stock	S	1000	$51	Disposed	1241892	Direct
2016-12-20	Class A Common Stock	S	1000	$51.05	Disposed	1240892	Direct